Multiple Choice
The following information is for a private closed economy, where Ig is gross investment, S is saving, and Y is gross domestic product (GDP) .Ig = 80 S = -80 + 0.4Y
Refer to the above information.In equilibrium, saving will be:
A) $40.
B) $120.
C) $60.
D) $80.
Correct Answer:
Verified
Correct Answer:
Verified
Q66: An "inflationary expenditure gap" is the amount
Q67: The following information is for a closed
Q68: C = 40 + .8Y _<br>I<sub>g</sub> =
Q69: Suppose that a mixed open economy is
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q72: The table shows the consumption schedule for
Q73: The marginal propensity to import is:<br>A)the change
Q74: Achieving aggregate equilibrium in the economy is
Q75: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the